By Paul Homewood
The UK Met Office have just released their Annual Report and Accounts for 2011/12. It appears that, in line with most other public sector bodies, they have had their funding from government frozen, remaining at £163 million, about 83% of total income.
It also seems that, in order to cut costs, they have had to kiss goodbye to a number of senior staff. In total 50 staff, out of a total of 1862, have left with compensation packages, (although only 4 were compulsory redundancies). Of these 50, however, 16 have left with compensation worth between £50,000 and £100,000. A further 8 have picked up between £100,000 and £150,000. The total cost of the exit packages for these 24 leavers would work out at about £2.2 million.
According to their Accounts, the median salary is £34,697, and the statutory redundancy entitlement in the UK for someone…
View original post 71 more words
The Delinquent Teenager